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eastman-072814-lg.jpgEastman Chemical Co. (EMN) on Monday reported an increase in profit for the second quarter, as the chemical company's revenues increased across all segments except at its specialty fluids and intermediates unit. Earnings for the quarter came in ahead of Wall Street estimates, but revenues fell short...
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Targacept Stock Tanks After Study Of TC-5214 In Overactive Bladder Halted



Targacept Inc (TRGT) said Monday it is discontinuing further development of TC-5214 in overactive bladder, after a Phase 2b study showed that episodes of urinary incontinence failed to achieve statistical significance. Following the announcement, Targacept shares dropped about 24 percent in after-hours...
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Airbus Likely To Drop A380 Order For Skymark Airlines


Airbus Group NV (EADSF.PK, EADSY.PK) has agreed to drop an order for six A380 aircraft from Japan's Skymark Airlines Inc. as the airline is not in a position to afford the aircraft, Bloomberg reported quoting people familiar with the decision. Skymark's stock tumbled over 10 percent in Tokyo. Discussions...
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German Import Prices Due On Tuesday


German import prices and U.K. mortgage approval data are some of the economic data scheduled for release on Tuesday, a day light on economic activity. At 2 am ET, German Federal Statistical Office DESTATIS will release its import prices report for June. In May, import prices remained unchanged month-over-month...
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PGT To Acquire CGI Windows & Doors Holdings


New Century Bancorp Completes Acquisition Of Select Bancorp

Preferred Apartment Communities Announces Agreement To Acquire 1,397 Multifamily Units

Crown Crafts Enters Into Agreement To Acquire Kidsline And CoCaLo Brand Names

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After-market Movers For July 28 (HLF, HLS, CGNX, KBIO, TRGT)


Gainers: Cognex Corp. (CGNX) gained 16 percent to $43.86 as its second quarter results topped Wall Street view. The company also forecast third quarter revenue above the consensus estimate. HealthSouth Corp. (HLS) rose 7 percent to $40.42. The company's second quarter earnings and net operating...
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Virgin America Files For IPO


Virgin America Inc. on Monday filed a registration statement on form S-1 with the U.S. Securities and Exchange Commission for an initial public offering of shares of its common stock. The company did not reveal the number of shares it plans to offer nor the price range in the filing. According...
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Amkor Technology Q2 14 Earnings Conference Call At 5:00 PM ET


Amkor Technology Inc. (AMKR) will host a conference call at 5:00 PM ET July 28, 2014, to discuss its Q2 14 earnings results. To access the live webcast, log on at www.amkor.com A call can be accessed by dialing 1-877-645-6380 or 1-404-991-3911. For replay a call, dial 1-855-859-2056 or 1-404-537-3406;...
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